Power producer JSW Energy has received shareholders´ approval to raise Rs 12,500 crore via securities and non-convertibles debentures through private placement. The company will issue securities to raise Rs 7,500 crore while Rs 5,000 crore will be raised from debentures this financial year.
The shareholders passed another special resolution for making offers to subscribe to secured or unsecured redeemable non-convertible debentures of up to Rs 5,000 crore, also via private placement.
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